Home Homes for Sale 120 Southgate St, Worcester MA 01603
$999,900
$181/sqft · Worcester, MA
17Beds
6Baths
5,535Sqft
0.13 acresLot Size
120 Southgate St, Worcester MA 01603
Active Listed 4 days ago
5-9 Family Built in 1910 0.13 Acre Lot 3 Parking Spaces

What's Special

5-9 FamilyBuilt in 19103 Parking Spaces

Great investment opportunity at 120 Southgate St in Worcester! This well-maintained six-family property has been remodeled throughout and is in excellent overall condition. The property currently generates over $11,000 per month in rental income, providing a strong and established income stream for the next owner.Most of the units are occupied by long-term tenants, offering excellent tenant stability and consistent rental history. The apartments have been updated and well cared for, and the property has been maintained in a way that allows a new owner to step in without taking on a major renovation project.With six units, strong existing rents, long-term tenants, and a building that is in great shape, this is an excellent opportunity for an investor looking for a solid Worcester multifamily property. There is also potential for future rental growth as leases turn over and market rents continue to increase.A great addition to an existing portfolio or an excellent opportunity for an investor looking for a larger multifamily property with substantial monthly income. Come see 120 Southgate St and appreciate the condition, income, and overall quality this property has to offer.

Location

Property Details

Core Details

Property Type5-9 Family
Year Built1910
Parcel NumberM:07 B:016 L:00044,1768913
ZoningRG-5
Stories6
MLS #73569397

Space & Sizing

Living Area5,535 sqft
Above Grade5,535 sqft
Total Rooms35
Bedrooms17
Bathrooms6
Lot Size0.13 acres

Features & Systems

Parking3 Parking Spaces
Open Parking3
ConstructionFrame
FoundationBlock, Stone
RoofShingle
SewerPublic Sewer
Water SourcePublic

Features & Amenities

Fencing
Fenced/Enclosed
Flooring
Wood
Levels
6
Lead Paint
Unknown
Parking Features
Common Off Street Unpaved

Additional Information

Disclosures: Seller has never lived in the property. Buyers and their agents must do their own due diligence.

Directions: Southbridge st to Southgate st

Financial Details

Annual Taxes$5,193 (2025)
Assessed Value$393,700
Gross Income$134,400
Net Operating Income$134,400
Tax Book Number58938
Listed on Aug 28, 2026 Updated Sep 1, 2026 7:09 AM Worcester County

Interested in this home?

Contact a CRA Agent or Schedule a showing today.

Colonial Realty Associates
(617) 977-6025
MLS #73569397

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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